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Tips From the Pros: We Didn’t Start the Fire: Turning New Laws Into New OpportunitiesTips From the Pros: We Didn’t Start the Fire: Turning New Laws Into New Opportunities

James I. Dougherty advises planners on how to positively embrace change.

James I. Dougherty, Partner

March 25, 2020

6 Min Read
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Today’s world is certainly a changing one. Especially in light of the current worldwide health crisis, practitioners are reminded that despite all of our hard work and planning for our clients, so much is outside of our control. While we can’t choose the hand we’re dealt, we can choose how we play it. One challenge we face as practitioners, while mundane to many outside of our industry, are changes to the statutory law that governs the estate-planning practice. We could look at changes to the law as an inconvenience, as they take time away from client work to educate ourselves on the new law and ensure our documents and processes are in line with it. However, we’re required to undertake those educational and evolutionary efforts as part ...

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About the Author

James I. Dougherty

Partner, Dungey Dougherty PLLC

James is a partner at Dungey Dougherty PLLC, practicing out of Greenwich, Connecticut and New York City. His practice focuses on the estate planning and estate administration needs of high net worth individuals and their families. James assists executors and beneficiaries alike through all aspects of the estate administration process including probate, contested estates, tax, and post-mortem estate planning issues. His estate planning practice is focused on working with affluent individuals in the development and implementation of sophisticated planning techniques to help them accumulate, preserve, and transfer their wealth.